According to UNCTAD’s Economic Development in Africa Report 2020, Africa loses roughly USD 90 billion every year to illicit financial flows. That works out to almost USD 60 per person living on the continent. Resources that could otherwise fund healthcare, education, infrastructure and economic growth instead disappear… Read More
Posted by PML Africa on 24 June 2026
Most due diligence frameworks were designed with a certain operating environment in mind. Searchable registries. Accessible court records. A regulatory infrastructure that, even if imperfect, produces something to work with. Many African countries and parts of the Sahel in particular, do not always offer that environment. In these markets, a… Read More
Posted by PML Africa on 17 June 2026
On 26 July 2026, the EU Commission is required to publish its official compliance guidelines for the Corporate Sustainability Due Diligence Directive, known as CS3D. For many legal and compliance teams, that date has become a de facto starting point. The logic is understandable: why build a compliance programme before… Read More
Posted by PML Africa on 09 June 2026
As of 30 December 2025, Zambia’s Companies Amendment Act came into force. Among its provisions: bearer shares are now absolutely prohibited. This is a significant step forward for corporate transparency and beneficial ownership disclosure. Bearer shares are instruments that confer ownership on whoever physically holds the certificate. No name on… Read More
Posted by PML Africa on 09 June 2026
